Vishvprabha Ventures Limited has submitted a regulatory disclosure to BSE Limited regarding the resignation of an Independent Director from its Board.
The company disclosed that Mr. Manish Prabhakar Patil (DIN: 09160437) has tendered his resignation as Independent Director effective from August 31, 2026. The resignation was submitted due to personal and unavoidable circumstances.
The resignation email from Mr. Patil to Managing Director Mitesh Jayantilal Thakkar provides additional context. Mr. Patil cited his "increasing preoccupation with other professional commitments" as the primary reason, stating that he would not be able to devote the expected time to company affairs as an Independent Director.
As part of his resignation, Mr. Patil will also be stepping down from all Board committees of which he is a member. The resignation takes effect immediately after closing working hours on August 31, 2026.
Mr. Patil expressed gratitude to the board members, both present and past, for their support and cooperation during his tenure, which enabled him to discharge his responsibilities as Independent Director. He concluded by wishing the company great success in the future.
The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2025. Additional details required under the regulation are provided in Annexure A (not included in this document).
The communication was signed by Mitesh Jayantilal Thakkar, Managing Director (DIN: 06480213), and was digitally signed on September 1, 2026, at 19:08:43 IST.
Financial impact of the resignation was not quantified in the disclosure.